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Trump’s Venezuela Fixer Is Promoting ‘America First’ Oil Deals

Bloomberg Markets Monday 17 August 2026, 12:01 UTC By Fabiola Zerpa, Ezra Fieser, Patricia Garip and Ben Bartenstein 1 min read
Key Points

Trump’s Venezuela Fixer Is Promoting ‘America First’ Oil Deals A Venezuelan mogul who minted a fortune selling power turbines and pumping oil has emerged as the Trump administration’s fixer for promoting “America First” deals for favored US companies, as Washington moves to exert more influence in the resource-rich South American country. Alejandro Betancourt, an entrepreneur with a checkered history who controls Venezuela’s leading independent oil producer, is helping the US administration...

Trump’s Venezuela Fixer Is Promoting ‘America First’ Oil Deals A Venezuelan mogul who minted a fortune selling power turbines and pumping oil has emerged as the Trump administration’s fixer for promoting “America First” deals for favored US companies, as Washington moves to exert more influence in the resource-rich South American country. Alejandro Betancourt, an entrepreneur with a checkered history who controls Venezuela’s leading independent oil producer, is helping the US administration identify promising energy assets, assess operational bottlenecks and make industry connections, according to people familiar with his role.
Trump (ORG) Venezuela Fixer (PERSON) Venezuelan (ORG) US (LOCATION) Washington (LOCATION) South American (ORG) Alejandro Betancourt (PERSON) Venezuela (LOCATION)
Originally published by Bloomberg Markets Read original →

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